Govt urged to address construction labour shortage
KUALA LUMPUR (Nov 3): Construction players are calling on the government to step in to tackle the issue of manpower shortage faced by the industry, which is worsening, given the spate of new projects being rolled out.
DONE DEAL: 2-storey terraced house, Taman Sri Puchong, Selangor
Sold for: RM300,000 Concluded by: Wong Hor Yan (REN 18777) of 1TPE Realty Sdn Bhd (016-324 8307) When: June 2017 Noteworthy: ● 99 years leasehold with 80 years remaining on the lease ● Land area: 825 sq ft ● Unfurnished ● Amenities in the vicinity include convenience store, restaurants, supermarkets, clinic, automobile repair shops, Tesco Extra Puchong, Columbia Asia Hospital and banks ● Accessibility: Damansara-Puchong Expressway (LDP) Taman Sri Puchong is a leasehold mostly-residential development in Puchong, Selangor that comprises terraced houses, flats and shophouses.
Easing mortgage lending insufficient to promote home ownership — MARC
KUALA LUMPUR (Nov 2): The proposed loosening of mortgage lending is insufficient to promote home ownership in the country as there is a mismatch between housing price and income levels, said the Malaysian Rating Corp Bhd (MARC).
Jotun unveils Jotun Global Colour Trends 2018: Rhythm of Life collection
PETALING JAYA (Nov 2): Jotun has launched its Jotun Global Colour Trends 2018: Rhythm of Life collection yesterday at 1Utama Shopping Centure featuring three colour themes — City Motions, Silent Serenity and Lush Garden.
Ekovest shares rebound on bargain hunting
KUALA LUMPUR (Nov 2): Shares of Ekovest Bhd rebounded today on bargain hunting after a sharp fall yesterday, rising as much as 6.
‘The internet is my office’
Move over, office buildings — connected co-working space is the new beau of office workers.
Ekovest, IWCity shares tumble following takeover bid
KUALA LUMPUR (Nov 2): Shares in Ekovest Bhd tumbled as much as 22% yesterday, as investors reacted negatively to news that its executive chairman and major shareholder Tan Sri Lim Kang Hoo intends for it to acquire a 62% stake in Iskandar Waterfront City Bhd (IWCity).
‘Legal action against builders who flout EIA conditions’
KUALA LUMPUR (Nov 1): Legal action will be taken against developers found to have flouted the Environmental Impact Assessment (EIA) conditions and caused flash floods at the Federal Highway on Monday.